1909 Edgewater DrGarlandTX75043
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Garland at 1909 Edgewater Dr, Garland, TX, 75043 earns $1,257/mo cash flow from $4,672/mo rent with a $2,325/mo payment. Total monthly income totals $4,672/mo, and annual cash flow totals $15,079/yr on $157,463 capital. ROI tracks 29.49% on current figures, and rental yield reads 11.8% at a $475,000 purchase. Equity gained on principal adds $3,065/yr, and 5% annual appreciation supports $131,234 over five years. Five-year ROI reaches 155.52% and total cumulative return in cash sums $244,879. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,672/mo property income instead of your personal income.
Single Family
Built in 2017
9,892 sqft lot
$N/A/sqft
$450 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75043, Garland, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,240 (100%) |
| Owner Occupied HU | 13,880 (57.3%) |
| Renter Occupied HU | 9,044 (37.3%) |
| Vacant Housing Units | 1,316 ( 5.4%) |
| Median Home Value | $296,591 |
| Average Home Value | $346,299 |
Housing Distribution
Address Breakdown
Residential
24,006
Single Family
17,774
Multi-Family
6,232
Businesses
849
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Emily Vines • Rogers Healy and Associates
Mls Name: NTREIS
Mls ID: #20676563
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.